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Nordso Ltd. purchased a new warehouse. The warehouse had been listed for sale for $5,456,000, but Nordso was able to acquire it for $5,328,000. The

Nordso Ltd. purchased a new warehouse. The warehouse had been listed for sale for $5,456,000, but Nordso was able to acquire it for $5,328,000. The bank, which was providing Nordso with the financing for the purchase, required that an appraisal be completed of the property. The appraisal report came back with the following estimated market values: land $1,761,965, building $3,131,170, and land improvements $561,865. (a1) Allocate the purchase price to the land, building, and land improvements. (Round allocation percentage to 1 decimal place, e.g. 15.2% and final answers to 0 decimal places, e.g. 125.)

Allocated Cost
Land $
Building $
Land Improvements $

please send it as soon as possible my assignment is due in an hour.

Thanks

with regards

Student

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